$BTC 👇
Strategy bought 2,486 BTC despite the market downturn, totaling $168 million.
They now have 717,131 BTC.
Their average buying price is $76,027, while BTC is now trading at ~$67,700 — thus, they are experiencing an unrealized loss.
Still, the company is following a long-term hold strategy.
Michael Saylor has stated that even if BTC drops to $8,000, the company can still manage its debt.
Additionally, BitMine has also purchased more #ETH, believing in the long-term despite the loss.
Simple fact: Big companies are buying the dip and have a plan to hold long-term.
Strategy bought 2,486 BTC despite the market downturn, totaling $168 million.
They now have 717,131 BTC.
Their average buying price is $76,027, while BTC is now trading at ~$67,700 — thus, they are experiencing an unrealized loss.
Still, the company is following a long-term hold strategy.
Michael Saylor has stated that even if BTC drops to $8,000, the company can still manage its debt.
Additionally, BitMine has also purchased more #ETH, believing in the long-term despite the loss.
Simple fact: Big companies are buying the dip and have a plan to hold long-term.